TITLE INSURANCE SUCCESS STORIESUnexpected Tax Lien - Carol B.'s Tax Lien and the Benefits of her Title Policy

A CLTA Standard Policy was issued to Carol B. She is a single mother, barely managing on
her waitress' salary. She was only just able to qualify for a low-interest loan from the
United States Department of Agriculture Rural Housing Community Development Service. This
loan enabled her to purchase her own home.

The Development Service has very strict criteria for low-income individuals. These criteria
include such items as the ratio of an individual's salary to their loan payments and the
amount that they can afford to pay for real property taxes. Carol B. met these criteria,
but an increase in either her loan payments or real property taxes would disqualify her
from the Loan Program and would result in the loss of her home.

Shortly after her purchase of the property, Carol B. received a new tax bill for real
property taxes. The bill disclosed that the taxes were over $2,000.00 per year, which would
disqualify her from being able to keep her home. When she contacted the assessor's office,
Carol B. was told that the increased taxes included a $9,000.00 special assessment for a
special street tax. This special tax had not been shown as a separate matter in the preliminary
report that Carol B. and the Loan Program had received.

Both Carol B. and the Loan Program then contacted the title insurer. Prompt arrangements
were made to pay the special taxes, enabling Carol B. to keep her home.

*The statements made on this web page and any page that follows within the Fidelity National Title website are not intended, and shall not be construed to expressly or impliedly issue or deliver any form of written guaranty, affirmation, indemnification, or certification of any fact, insurance coverage or conclusion of law.

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